BlackRock (NYSE:BLK) CEO Larry Fink has recently endorsed Bitcoin as a legitimate financial instrument during an interview with CNBC’s Jim Cramer. This marks a significant shift in Fink’s stance, as he previously expressed skepticism about the cryptocurrency. Larry Fink’s Change of Heart Fink, once a Bitcoin skeptic, shared his transformation: “I was a proud skeptic,…
El Salvador’s Bitcoin bonds have emerged as a top trade in emerging markets, bolstered by the potential return of Donald Trump to the White House. This development comes as bond investors speculate that a Trump presidency could unlock billions of dollars in funding for El Salvador from multilateral institutions like the International Monetary Fund (IMF),…
Former President Donald Trump has reconfirmed his commitment to attend this year’s Bitcoin Conference in Nashville, Tennessee, following an assassination attempt in Butler, Pennsylvania over the weekend. This announcement has been met with heightened anticipation and security measures as the event approaches. Trump’s Commitment to the Bitcoin Conference Despite the recent attempt on his life,…
Trump Media & Technology Group (NASDAQ:DJTWW) and various crypto stocks experienced a significant surge on Monday following an assassination attempt on Republican candidate Donald Trump. This incident has boosted investor confidence in his chances of winning the upcoming U.S. elections. Trump Media and Technology Group’s Surge Shares of Trump Media & Technology Group (NASDAQ:DJTWW) skyrocketed…
Cryptocurrency has emerged as a critical battleground issue in the 2024 presidential election, with both President Joe Biden and former President Donald Trump vying for the support of the crypto community. Recent events highlight the growing importance of digital assets in political discourse and policy-making. Crypto Roundtable in Washington D.C. On Wednesday, Democratic Representative Ro…
Crypto trading platform Abra has announced the acquisition of several private cryptocurrency trusts from Valkyrie Investments. This move comes shortly before Abra settled with 25 U.S. state financial regulators for operating without the necessary licenses, marking a significant development in the crypto industry’s regulatory landscape. Details of the Acquisition Abra Capital Management LP, the asset…
The U.S. Securities and Exchange Commission has concluded a three-year investigation into Hiro Systems, a blockchain software developer formerly known as Blockstack, without recommending enforcement action. This decision marks a significant victory for the crypto industry, which has long grappled with regulatory scrutiny. Background of the Investigation Hiro Systems raised $70 million through token sales…
XRP emerged as the sole crypto major in the green, gaining 5% in the past 24 hours while the broader crypto market, including Bitcoin (BTC), faced declines. This surprising resilience of XRP comes in the wake of recent market events and announcements that have affected major cryptocurrencies. Bitcoin’s Struggle Post-CPI Readings Bitcoin (BTC) slumped 2.3%…
Fireblocks, a leading crypto custody firm, has announced the addition of five new firms to its Global Custodian Partner Program. The newly joined firms are Zodia Custody, Komainu, CloudTech, Zerocap, and Rakkar. This expansion aims to provide enhanced local third-party crypto safekeeping options to institutions using Fireblocks technology across various jurisdictions, including the U.K., Australia,…
Ionic Digital Hires CFO John Penver to Lead IPO Ionic Digital, a prominent Bitcoin mining company, has announced the hiring of John Penver as its new Chief Financial Officer. Penver, who previously served as CFO of data center service provider TSS, brings over 18 years of experience in data center technology and infrastructure to Ionic…